Fringe Benefits - Insurance Types Test
4th - 12th Grade
•20 Qs
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Fringe Benefits - Insurance Types Test
Quiz
•
English, Life Skills, Special Education
•
4th - 12th Grade
•
Practice Problem
•
Medium
+2
Standards-aligned
Matthew Moticha
Used 15+ times
FREE Resource
Enhance your content in a minute
20 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The amount paid for insurance is the...
Closing Cost
Premium
Deductible
Assessed Value
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Insurance that protects your family against financial loss due to your death is...
Co-insurance
Disability Insurance
Health Insurance
Life Insurance
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The type of insurance that provides protection against financial loss from medical bills is called...
Co-insurance
Disability Insurance
Health Insurance
Life Insurance
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The person named in a life insurance policy to receive the death benefit is called the...
Beneficiary
Policy Holder
Recipient
Insurance Agent
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The amount you MUST pay out of pocket before insurance takes over is called the...
Premium
Bonus Payout
Term Payment
Deductible
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If you can not work due to a health condition or injury, this type of insurance will pay you a portion of the income you lose.
Co-insurance
Disability Insurance
Health Insurance
Life Insurance
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Out of pocket maximum is the least amount of money you will have to ever be responsible for paying in one year.
True
False
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